Vattenfall

Industry invests in new nuclear power

Vattenfall's new company for new nuclear power at Ringhals is now taking the next step. The industrial partnership Industrikraft, with companies such as ABB and SSAB, signs a partnership agreement.

Major power outage north of Stockholm

A major power outage affected just over 18,000 electricity customers in Solna and Sundbyberg north of Stockholm on Thursday, according to Vattenfall.

Vattenfall: Difficult to achieve profitability in new electricity production

The wind power industry in Sweden is doing poorly. Electricity prices are too low. Right now it is difficult to achieve profitability in new projects in Sweden regardless of which production team we are talking about, says Vattenfall CEO Anna Borg.

Sweden's Largest Hydropower Plant to Install Fossil-Free Steel Gate

Sweden's largest hydroelectric power plant will replace the dam gate – to the first in fossil-free steel.

Radiation Damage May Halt Ringhals 3 Reactor Extension

Vattenfall aims to operate its five nuclear reactors 20 years longer than their current lifespan. But one of them has a radiation injury. - Ringhals 3 is hanging a bit loose, says Monika Adsten, research manager at Forsmark and Ringhals.

Nuclear Power Plant Construction Decision at Ringhals Delayed

The decision on who will build new reactors at Ringhals nuclear power plant will be delayed for a while, according to the CEO of state-owned Vattenfall, Anna Borg. The application for state funding and price guarantees will come first.

Storm Hits Stockholm: Thousands Face Power Outages

A storm with rain and strong gusts of wind has arrived over the coast in Stockholm county. Thousands of households have been affected by power outages, trees have fallen over roads and public transportation is affected.

Trump's Opposition to Wind Power Threatens US Turbine Industry

USA's president Donald Trump is skeptical of green energy in general. But wind power he hates more than anything else, and uses all the weapons he can to prevent the turbines. The wind industry will be caused very great harm during his presidency, says researcher Michael Gerrard.

Mouse Causes Power Outage at Skavsta Airport, Delaying Flights

Higher Electricity Prices Expected During Peak Usage Times

Are you charging your car at the same time as the dishwasher and washing machine are running? Then the electricity will become more expensive, soon also for Vattenfall's nearly one million customers. The state-owned electricity grid company will introduce so-called effect tariffs in October for a smaller test group.

Challenges Facing Small Modular Nuclear Reactors at Ringhals

The potential is considered to be large for the type of small modular reactors (SMR) that are now being planned at Ringhals. At the same time, the construction technology is untested in the Western world. The two reactor types that have been chosen now have not been built anywhere in the world, says Markus Wråke, CEO of the research institute Energiforsk.

Energy Policy Deal Needs More Than Just Nuclear Focus, Say Social Democrats

The Social Democrats can imagine making a deal on energy policy with the government and SD. – But it takes more than just nuclear power policy, it must be about energy policy in general, says Fredrik Olovsson, energy policy spokesperson for S.

Sweden to Build New Nuclear Power for First Time in 50 Years

The Government and The Sweden Democrats are pleased with Vattenfall's announcement to proceed with the nuclear power plans. For the first time in 50 years, new Swedish nuclear power will be built in Sweden, says Prime Minister Ulf Kristersson (The Moderate Party) at a press conference at Ringhals nuclear power plant.

Sweden's New Nuclear Power Plans Face Delays and Financial Criticism

The Government has tried to clear the way. State-owned Vattenfall is in the starting blocks and has far-advanced plans for several new reactors at the Ringhals nuclear power plant. But time is running out for The Moderate Party and The Liberals and the criticism of the financing of the new reactors has been harsh. This is what the roadmap looks like at present.

Vattenfall Invests in Small Modular Reactors for Nuclear Expansion

Vattenfall chooses to invest in small reactors, so-called SMR, in the planned nuclear power expansion, reports the state-owned energy giant. All party leaders from the Tidö cooperation have called a press conference at Ringhals nuclear power plant.

Vattenfall's Profits Drop as Electricity Prices Fall

Influencer Alice Stenlöf Joins Elite Force Secrets Sweden This Fall

TV4 is broadcasting a new round of "Elite Force Secrets Sweden" in the fall. Now it's celebrities who will have to endure the tests. Alice Stenlöf, Kristin Kaspersen and Simon Sköld are among the participants.

Power Restored in Mölndal After Substation Fire Causes Outage

The power outage in Mölndal is over, according to Mölndal Energi as reported by TV4 News. Around 23,000 customers were left without power after a fire in a substation. The incident is being investigated as a workplace accident and endangering the safety of others, according to the police.

Vattenfall Invests 630 Million Kronor in Sweden's Largest Hydropower Station

Vattenfall is investing an additional 630 million kronor in Sweden's largest hydroelectric power station. It is the second step in an investment totaling 1.3 billion.

Vattenfall's Record Power Grid Investment May Lead to Higher Fees

State-owned Vattenfall is making a record investment in the expansion of the power grid. And it's likely that customers will have to foot the bill in the form of continued price increases. It needs to be financed over time, says Annika Viklund, CEO of Vattenfall Eldistribution.

Sweden's Riksdag to Vote on Financing New Nuclear Power

Today, the Riksdag is expected to pass what could become one of Sweden's most expensive investments in modern times – the financing of new nuclear power. Here are all the uncertainties and challenges that await.

Vattenfall Faces Profit Decline as Nordic Electricity Prices Drop

It was a significant profit decline during the first quarter for the state-owned energy company Vattenfall, shows the company's quarterly report.

Few Clear Losers in Swedish Companies' Report Season So Far

Two weeks of report flood have so far not revealed any clear losers among Swedish listed companies. The order intake has actually been quite good in many cases. And as for the outlook ahead, one might have feared worse considering the trade war, says Lars Söderfjell, equity manager at Ålandsbanken.

Ebba Busch Open to Cooperation with Sweden Democrats

She was the one who opened up for the bourgeoisie's cooperation with SD. After ten years as the Christian Democrats' party leader, Ebba Busch wants to continue being a breakthrough and can become the one who first says yes to the party in government. We have no clear ultimatum towards anyone, she says.